ECE develops new office campus for Société Générale Group in Hamburg-Barmbek

Sustainable, modern, flexible

ECE develops a new office complex for several companies of the Société Générale Group, among them Hanseatic Bank and Bank Deutsches Kraftfahrzeuggewerbe (BDK). This state-of-the-art office campus in the Hamburg district of Barmbek stands out with its excellent traffic connections, flexibly customizable offices, various leisure options and high usability. The realization of the campus will comply entirely with the highest sustainability standards and thus meet the requirements for a modern office property. The up to six-story building comprising 25,000m² will be located on the corner of Fuhlsbüttler Straße and Hebebrandstraße in the immediate vicinity of Hamburg Municipal Park and the City-Nord office district.

It will accommodate 1,500 workplaces in total; the main share of 1,250 workplaces will be used by Hanseatic Bank and BDK. The remaining spaces will be available to other tenants. ECE will invest 115 million euros into the development of the building complex. The construction start has been scheduled for October 2019 and the property is slated for completion in the first quarter of 2022.

The project was closely supported by the Department of Property Management and Real Property of the City of Hamburg. Hamburg’s Finance Senator, Dr. Andreas Dressel, comments: “We are pleased that the Société Générale Financial Group will remain loyal to Hamburg, create highly attractive jobs, and with the new office campus in Barmbek will contribute to the positive development of the district. This is also an important contribution to strengthening Hamburg as a financial center.”

The new Société Générale Campus Hamburg will bring together three companies already seated in Hamburg and other central departments of Société Générale Germany. Besides the two major tenants BDK and Hanseatic Bank, Société Générale Insurance, the central procurement department, and the audit department will also move into the building.

“The SG Campus will be a milestone in BDK's company history,” emphasizes Dr. Hermann Frohnhaus, spokesman of BDK’s Management Board. “At the new location we will provide an ideal environment for our employees to unleash their full creative potential and innovative power. Thus, not only BDK employees will benefit from this important decision. In addition, we can assure our customers and business partners that we will strive to provide easy access to individual mobility.”

Detlef Zell, Managing Director of Hanseatic Bank, adds: “The new building provides outstanding conditions for our changing corporate structure and our modern, agile working methods. Both will be vital to developing innovative services and products. At the same time we can realize our objective of many years to bring together all Hanseatic Bank employees working in Hamburg in one location.”

Flexible office structures, latest sustainability standards

The new, state-of-the-art building will be built in compliance with the latest sustainability standards and will be certified by the German Sustainable Building Council (DGNB). Flexible layouts and a modular building structure will enable the tenants to customize the office space to meet their requirements and to build pleasant working environments. Open office spaces can be provided but also cubicles, or private offices. The various accesses of the building such as entrances, staircases, and elevators will ensure a flexible use and layout of the office spaces. Green inner yards, exterior spaces, and roof terraces as well as a shared conference center and a cafeteria will provide a special atmosphere and a high value to the property.

“By developing the office campus for Société Générale, we will design another project that will be sustainable, economically efficient, and highly user friendly,” says Dr. Andreas Mattner, Managing Director Office, Traffic, Industries at ECE. “We are very pleased about the trust that Société Générale has placed in us and the good collaboration with the group. We would like to thank the City of Hamburg that has greatly supported the planning of the office campus in Barmbek and thus has contributed to the implementation of the project.”

Typical architecture, good infrastructure

With its typical brick facade with differently designed elements, the exterior of the building will blend in seamlessly with the existing architectural environment in Barmbek. The project also encompasses a listed historic building which will be refurbished and also be ready for use by the new tenants. Besides an underground parking garage for 350 cars, approximately 250 bicycle parking spaces have been planned for the property. The campus will be connected to the public transportation network by local trains (S-Bahn) and in future, it will also be connected to the underground train network by the new line U5.

The companies of Société Générale were advised by Savills Hamburg with legal support provided by White & Case Frankfurt.